Kmart won’t be doing gaming coupons anymore until the end of March, but that doesn’t mean there aren’t some savings to be had. On my trip to the mailbox today I received Kmart’s ad which will be effective from January 30 to February 5, 2011. Kmart has some sizable discounts for some games, while others have been given $10 discounts. Let’s check them out.

The biggest discount by far is for God of War 3 and God of War Collection. You can purchase both of these games for $39.98. You’ll save a whopping $50 by picking up these titles at the same time. Also on sale is the PSP 3000 core system for $129.99. This may be the perfect time to pick up a PSP. Keep in mind Sony is expected to announce the PSP2 tomorrow, so holding off may not be such a bad idea. PSP support is dying off anyway.

There are a few deals that are posted below that aren’t in the circular. For example DC Universe Online will be on sale for $44.99, and the Xbox 360 version of CoD: Black Ops will be $47.99. You’ll also get 1600 Microsoft Points for buying Black Ops.

Kmart is also giving away a special weapon for Two Worlds II in addition to discounting the game to $39.99. The weapon is called the BattleHammer of Kroll. It has 60 bludgeoning damage and 20% increased strength. One of the following two codes will get you the weapon.